Speaking to website Capital.com, Óscar Larrea, head of proptech company EverNest in Spain (LinkedIn profile), has outlined the company’s growth plans for the country.

Founded in 2019 by Luisa Haxel and Christian Evers, former board members of Engel & Völkers and based in Hamburg, EverNest offers a technology and data-based platform that it says improves the processes of residential real estate transactions for buyers, sellers and real estate agents. In early 2022, it raised €13 million ($13.7 million U.S.) in a Series A funding round.

Larrea said “We have started in Madrid and we are incorporating the staff and commercial team, but our next step is to expand to Barcelona … In the longer term, we would also like to open in Valencia, Marbella, Malaga, the Balearic Islands, Bilbao and San Sebastián.”

“We hope is to be a benchmark real estate agency two years from now in Madrid and in four throughout Spain.”

He added that EverNest had chosen Spain as its first international market “Mainly because of its current situation in the real estate sector, which is very good, and because of the potential it has compared to other European countries in the number of transactions and volume.”

According to Larea, EverNest’s software is different from a standard CRM in that “The one that is used by traditional realtors is much slower. All the processes from when a property or an owner wants to sell a property until it is sold are much faster and easier with our solution. In this way, we manage to reduce the time to market and accelerate the process of capturing properties and selling them.’

“It can take from seven to ten days from when an owner is contacted until the marketing process begins. We reduce this time … [to] three or four days.”

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